Wednesday, March 30, 2016
Goal Seek Mission Continues
Nothing new to add from my last post. The goal-seek to the channel line continues after Fed confirms what many have been thinking all along - The Economy S#cks and that a return to zero interest rates or more QE might be coming.
Momentum is picking up here but will it break through the downward sloping channel and make new highs? A review of other markets around the world suggests - NOT.
Labels:
Asset Design Center,
Gary Lewis,
SPX,
SPY,
Stock market analysis
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